LOGO
LOGO

Bond Markets

Treasuries Move Sharply Lower Following Stronger Than Expected Jobs Data

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Following the lackluster performance seen in the previous session, treasuries moved sharply lower during trading on Friday.

Bond prices regained ground after an early sell-off but moved back to the downside as the day progressed. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, surged 11.6 basis points to 4.245 percent.

With the sharp increase, the ten-year yield added to the slight uptick seen on Thursday, climbing further off the three-month closing low set on Wednesday.

Subscribe to continue reading the article.
This article is available exclusively to RTT Biotech Investor and Intelligent Investor subscribers. Subscribe with a RTTNews subscription.
Start Free Trial
FREE 7-Day Trial - No Payment Required
Already subscribed? Sign in

For comments and feedback contact: editorial@rttnews.com

Market Analysis

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19